Chrystalla Georghadji

Outgoing CBC boss has sent updated list of PEPs’ bad loans to House

Jean ChristouApril 8, 2019April 8, 2019

By Jean ChristouApril 8, 2019April 8, 20190200

Outgoing Cyprus Central Bank (CBC) Governor Chrystalla Giorghadji has sent to House President Demetris Syllouris a list of non-performing loans of politically exposed persons (PEPs),...

Cyprus Featured

Outgoing CBC chief says she was bullied and deeply hurt by media coverage

George PsyllidesApril 5, 2019

By George PsyllidesApril 5, 20190197

Outgoing central bank (CBC) Governor Chrystalla Georghadji said she had been bullied and deeply hurt by certain stories during her five-year term in office,...

Cyprus

President passes co-op buck onto CBC chief

Elias HazouDecember 31, 2018January 1, 2019

By Elias HazouDecember 31, 2018January 1, 20190133

President Nicos Anastasiades was not formally or adequately briefed about the situation festering inside the co-operative banking sector before it spiralled out of control, he...

Cyprus

Police call on CBC governor to clarify why she was ‘scared’

Evie AndreouDecember 4, 2018December 4, 2018

By Evie AndreouDecember 4, 2018December 4, 20180138

Police on Tuesday called on Governor of the Central Bank (CBC) Chrystalla Georghadji to clarify her recent statements that she stopped looking into bad loans...

Business Cyprus Featured

Central Bank head: I was too scared to continue bad loan probe

Elias HazouDecember 3, 2018

By Elias HazouDecember 3, 20180221

The head of the Cyprus Central Bank (CBC) on Monday said she had had to stop looking into bad loans held by Politically Exposed Persons...

Cyprus

Central bank boss warns against ‘unreasonable’ government spending

Source: Cyprus News AgencyDecember 3, 2018

By Source: Cyprus News AgencyDecember 3, 20180124

Central Bank of Cyprus (CBC) Governor Chrystalla Giorghadji on Monday warned there should be no complacency in the management of public finances due to improvement...

Cyprus

Major ‘cutbacks’ at the central bank

Staff ReporterNovember 29, 2018November 29, 2018

By Staff ReporterNovember 29, 2018November 29, 20180165

Central Bank boss Chrystalla Georghadji on Thursday seen shaving off, not interest rates or bank charges, but moustaches to mark Movember at the central bank...

Cyprus Featured

Audit chief warns against misplaced euphoria that crisis is over

George PsyllidesNovember 21, 2018November 22, 2018

By George PsyllidesNovember 21, 2018November 22, 20180126

Auditor-general Odysseas Michaelides voiced concern on Wednesday over the apparent climate of general financial euphoria that could mislead the country the economic crisis was over...

Cyprus

Saving co-op might have been less of a tax burden says CBC chief

Elias HazouNovember 15, 2018November 15, 2018

By Elias HazouNovember 15, 2018November 15, 20180133

Though on the brink of collapse, the co-operative bank might well have been salvaged had the state thrown more money at it at the right...

Cyprus

MPs riled when central bank boss and finance ministry a no-show at co-op discussion

Elias HazouMarch 22, 2018

By Elias HazouMarch 22, 20188 190

Opposition MPs, who have misgivings about the government’s plans for the co-op bank, were further riled on Thursday after Central Bank chief Chrystalla Georghadji did not...

Business Cyprus

Banks did not achieve the desired reduction in NPLs, Georghadji says

Source: Cyprus News AgencyMarch 11, 2018

By Source: Cyprus News AgencyMarch 11, 20189 176

Cypriot banks in the years following the 2013 financial crisis did not achieve the desired reduction in non-performing loans, Central Bank Governor Chrystalla Georghadji has...

Opinion Our View

Our View: Auditor general’s put downs for personal glory only

CM: Our ViewDecember 6, 2017December 6, 2017

By CM: Our ViewDecember 6, 2017December 6, 201720 172

Auditor-general Odysseas Michaelides thrives on confrontations that bring him media publicity. Many of the confrontations he instigates do not achieve anything other than his personal...

Cyprus Featured

‘Audit office never swept issues under the carpet’ (updated)

FORMER STAFFDecember 5, 2017December 5, 2017

By FORMER STAFFDecember 5, 2017December 5, 20177 154

Auditor-general Odysseas Michaelides’ claim that the Audit Service under his predecessor Chrystalla Georghadji sometimes swept issues under the carpet is untrue, the former chief auditor...

Cyprus

CBC’s Georghadji says NPLs currently at €21.9bn (Update-1)

Stelios OrphanidesOctober 30, 2017October 30, 2017

By Stelios OrphanidesOctober 30, 2017October 30, 2017090

(Updates with governor comment in fourth paragraph) By Stelios Orphanides Central Bank of Cyprus governor Chrystalla Georghadji said that the amount of non-performing loans in...

Business Cyprus

Central bank: ten years for NPLs to drop to manageable levels

Stelios OrphanidesMay 26, 2017June 5, 2017

By Stelios OrphanidesMay 26, 2017June 5, 2017091

THE governor of the central bank said that the Cypriot banks have made insufficient progress in reducing non-performing loans adding that the supervisor is working...

Business Cyprus

Georghadji says action against FBME necessary to protect system

Stelios OrphanidesMay 26, 2017

By Stelios OrphanidesMay 26, 20170202

Central Bank of Cyprus Governor Chrystalla Georghadji said the supervisory authority was compelled to take action against FBME in July 2014 in order to protect...

Cyprus

Selling Laiki assets not an easy task, governor says

Stelios OrphanidesFebruary 8, 2017

By Stelios OrphanidesFebruary 8, 2017092

Central Bank of Cyprus governor Chrystalla Georghadji said that the sale of the remaining assets of the defunct Cyprus Popular Bank, or Laiki, is dragging...

Cyprus

Police helicopter grounded after cracks appear on rotor system

George PsyllidesAugust 30, 2016August 30, 2016

By George PsyllidesAugust 30, 2016August 30, 20167 328

One of two AgustaWestland AW139 helicopters operated by the police has been grounded after cracks appeared on the main rotor blades, the justice ministry said...

Cyprus

Georghadji says IMF drafting central bank reform laws

Stelios OrphanidesMay 26, 2016May 26, 2016

By Stelios OrphanidesMay 26, 2016May 26, 2016063

Central Bank of Cyprus governor Chrystalla Georghadji said that the International Monetary Fund is drafting the legislative framework for the reorganisation of the supervisory authority’s...

Cyprus

Attorney-general launches probe into 2008 helicopter purchase (Updated, adds background)

George PsyllidesMarch 30, 2016March 30, 2016

By George PsyllidesMarch 30, 2016March 30, 201610 134

The attorney-general has ordered a criminal investigation into the procurement in 2007 and 2008 of five helicopters for the police and the army at a...